Email this story:U.S. suit alleges 'brazen' fraud at Countrywide

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U.S. suit alleges 'brazen' fraud at Countrywide

NEW YORK – The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.

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